DAIRY ENTREPRENEURSHIP DEVELOPMENT SCHEME - SPONSORED BY GoI
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Dairy and Poultry Venture capital fund launched in 2005-06 was segregated into Dairy and Poultry Venture Capital Funds during the year 2009-10. The mode of implementation of Dairy Venture Capital Fund is changed from interest free loan to capital subsidy and a revised scheme Dairy Entrepreneurship Development Scheme (DEDS) has come into effect from 1 September 2010
To promote setting up of modern dairy farms for production of clean milk
To encourage heifer calf rearing thereby conserve good breeding stock
To bring structural changes in the unorganized sector so that initial processing of milk can be taken up at the village level itself.
To bring about upgradation of quality and traditional technology to handle milk on a commercial scale
To generate self employment and provide infrastructure mainly for unorganized sector..
Activities covered and indicative unit costs
Small dairy farms - Cross bred cows, Indigenous descript breeds and Graded buffaloes (upto 10 animals) - Rs.5 lakh
Department of Animal Husbandry Dairying and Fisheries, GoI is the focal department for the scheme. NABARD
will implement the scheme through Commercial Banks, State Cooperative Banks, SLDBs Regional Rural Banks and other agencies eligible for refinance from NABARD
The security norms will be as prescribed by Reserve Bank of India from time to time.